Hold on to your power: don't let others squash it. Hold on to your courage: don't let others preach it out of you. Hold on to your independence: don't let others scare it out of you. Author your life without guilt or shame: do not live to please others. Refuse to surrender except to your truest self and your wisest voice.- Patricia Lynn Reilly

The greater your dreams, the more terrible your nightmares.~Edward Abbey

The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money.

After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.

They know that overstaying the festivities -- that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future -- will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party.

Therefore, the giddy participants all plan to leave just seconds before midnight.

There’s a problem, though: They are dancing in a room in which the clocks have no hands.

~ Warren Buffet

And they're sadly mistaken if they think someone is going to bring the glass slipper back.